News Centre

BIS: Profitability, Valuation And Resilience Of Global Banks - A Tight Link

Date 10/11/2023

Equity valuations signal investors' persistent concerns about some global systemically important banks (G-SIBs). For these banks, the price-to-book ratio (PBR) – the market value relative to the accounting value of equity – has been trending downward or has remained at deeply low levels over most of the past decade. A low PBR indicates investor scepticism regarding the bank's capacity to sustainably generate profits. Against this backdrop, we investigate whether profitability deficiencies can undermine resilience.

Capital Markets Fact Sheet - Q3 2023 - A Quarterly Visual Overview Of Trading On European Capital Markets From FESE's Stats Team

Date 10/11/2023

Chinese Company Will Semiconductor Lists Its GDRs At SIX Swiss Exchange

Date 10/11/2023

Today, Will Semiconductor (Ticker "WILL") becomes the seventh company to list Global Depository Receipts (GDRs) at SIX Swiss Exchange in 2023.

Malawi Stock Exchange Weekly Summary, 10 November 2023

Date 10/11/2023

Click here to download Malawi Stock Exchange's weekly summary.

FSB - Identification Of Critical Functions Of Insurers: Practices Paper

Date 10/11/2023

The identification of critical functions is an important part of resolution planning, which is often conducted as a first step to help inform resolution planning decisions.

Bank Of England Launches Latest Phase Of The System-Wide Exploratory Scenario Exercise

Date 10/11/2023

The Bank of England (Bank) has today published the latest phase of the System-wide Exploratory Scenario (SWES) with bank and non-bank participants provided a hypothetical stress scenario. 

UK Leads International Crackdown On Crypto Tax Evaders

Date 10/11/2023

• UK leads on first of its kind global commitment to combat offshore crypto tax evasion
• Minister Victoria Atkins praises international cooperation to close gap in global tax system and potentially recoup hundreds of millions of pounds in lost revenue
• landmark agreement follows UK leadership on historic G20/OECD global tax deal agreed in 2021, that clamps down on corporate tax avoidance and will ensure the right tax is paid in the right place

GPW: Excellent Q3 2023 Financial Performance

Date 10/11/2023

• Revenue of the GPW Group was PLN 106.1 million in Q3 2023 (+19.9% YoY) and PLN 329.0 million in 9M 2023 (+10.5% YoY)
• Revenue of the new business lines (Armenia Securities Exchange and GPW Logistics) at PLN 10.5 million in Q3 2023 and PLN 29.5 million in 9M 2023
• EBITDA at PLN 39.7 million in Q3 2023 (+36.1% YoY) and PLN 118.5 million in 9M 2023 (-6.4% YoY)
• Net profit attributable to the owners of the parent entity at PLN 39.7 million in Q3 2023 (+27.5% YoY) and PLN 111.3 million in 9M 2023 (+3.7% YoY)

Policy Paper: Collective Engagement To Implement The Crypto-Asset Reporting Framework

Date 10/11/2023

Joint Statement by: Armenia, Australia, Austria, Barbados, Belgium, Belize, Brazil, Bulgaria, Canada, Chile, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Netherlands, Norway, Portugal, Romania, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, the United Kingdom, and the United States of America; the Crown Dependencies of Guernsey, Jersey, and Isle of Man; and the United Kingdom’s Overseas Territories of the Cayman Islands and Gibraltar.

FSB: Summary Of Workshop On Insurers’ Critical Functions And Digital Innovation

Date 10/11/2023

On Tuesday 20 July 2023, the FSB’s Cross-border Crisis Management Working Group for Insurers (iCBCM) held a virtual workshop on resolution planning for insurers. It focused on two topics within the scope of iCBCM’s work: critical functions and digital innovation.